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tv   After the Bell  FOX Business  October 13, 2014 4:00pm-5:01pm EDT

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that was a on a potential takeover. [closing bell ringing] very heavy volume day again. all of october has been very heavy. liz: bells ring on wall street. we do want to say delta air lines, nicole was talking about the airlines, delta, down 6%. steepest drop this about 14 months. again not a surprise that airlines are getting hurt. there is quite a it about talk about concern about ebola and people getting on planes when they shouldn't be. markets, very final rock and roll hour. more rock than roll, certainly. s&p 500 losing significant 31 points. that is 1 and 2/3% sliced right off. 25 times we were higher for theg hammered down 223 points look at good news, sus sell and mid-size stocks sometimes lead the way. they're not taking it as hard as the others.
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>> "after the bell" starts right now. david: right to today's market action. we have a very busy hour. we'll keep you updated on all the latest developments. we have mount lucas management who thinks too many people are worrying about a softing economist. jamie cox of harris financial group said there will be a few, more weeks of volatility we've seen over past few days. chris gersch in the pits of the cme. chris, let me talk to you. please be aware, we don't want to start any panics of anybody but there was the last half hour of trading here, there were a lot of rumors that sent the market deeply south. it was a down day for most of the day. we didn't see kind ofdown movement until the last half hour. what were you hearing? >> i can barry hereof hear you. just sheer amount of selling in s&p futures pit. based on the acceleration of the selloff. we are constantly, equity close, futures close in 15 minutes.
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a lot of traders are selling deeply. they're going through the bid to get short. that tells me there is a huge carry-through. liz: we need to ask you, chris, remind everybody, we will go back to chris the minute those s&p futures close. so people can get a sense of how we might open tomorrow. tim, let me bring you into the conversation. what do you think is going on in the psychology of traders mind when chris gersch says they're selling deeply, going through the bid just to unload some names that they have? >> liz, i think this is another one of those episodic macro events that a market gets a little bit overbought and a little bit ahead of itself and looks for a reason to sell off and this is it. liz: and they have got their reason. >> they have their reason. liz: rational or not. >> who knows, right. you don't know. we don't know. it is too early to tell. give an example. in 2011 we had the nuclear reactor in japan. very similar things happened. last i checked it is still
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leaking radiation. things, these things are episodic. there are macro in nature. people use the stocks to express a macroview. i think if you lose track of the fundamentals of the underlying companies. david: well, jamie, what we like to do is see through the rumors that may move stocks dramatically one way or the other, but for a very short period of time and look beyond that to what the trend is. we do, we can get a sense of trends by quarterly reports. this week we get very important ones tomorrow, csx, intel. the big banks, the big banks reporting will be very interesting. what will you looking for as we see the financials of the banks? >> i can't wait for the real information and earnings to hit this market. we really need it. this vacuum or lack of information leads to these big swings. tomorrow in citi, wells fargo, and jpmorgan report, you will see the actual economic conditions are actually quite good. trading volumes were good. i expect the banks to report fantastic earnings.
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better than what the street expects. the one thing i am concerned about is the cybersecurity threat. i think there will be information you receive from jpmorgan and earnings call to see what they will be spending to thwart cybersecurity threats in the future. of the things i'm concerned about in bank, it will be spending that has to go on cybersecurity -- that's right. liz: charlie gasparino had broken the story over the weekend that president obama has said that he does foresee a potential doomsday scenario when it comes to cybersecurity threats. so that really does square with what he said but also, you just really kind of also added to what tim was saying that people are ignoring what could be a great earnings season. tim, i go back to you, what would you be buying right now especially on a day when everything is pretty much less expensive. >> a couple of stocks that hit our profile include delta air lines of all things. it is a really good company with really good earnings and really
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good fundamentals. this is the kind of macro episodic event that really creates value. liz: what, 6% cheaper right this minute. it got hurt very hard today. you're possibly very right. it is a very well-run airline. >> absolutely. another good company is valero hit recently bit decline in crude oil. that again is a very well-run company with great fundamentals. david: chris gersch, on a day when all 10 sectors by the way finished in the red, on the bottom, by the way, the worst hit sector was energy. it happened so many types over the past couple of weeks. energy has been really hit hard. it was down 2.8% as the entire sector, that and materials and health care. talk about commodities, in particular gold. gold is up again. whenever the vix is above 20 and dollar down which happened today, seems to be a perfect variety for gold, no? >> you have hit it right on the head. i think i was on last week.
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i was trying to have you buy 1205 handle on gold. i'm still buying at 1230. we have a 1265 range on our desk. the big thing why is the selloff happening? well in the bond yield, 10-year bond yield, big news in chicago, we have the 50 day moving average move below the 200 day trend line and vix at the 20 handle. i apologize extremely loud down here. each time it goes above 20 that is a huge sell point. david: chris, hold on a second. what are they selling right now behind you as we hear that screaming? >> if you look at the chart right now, s&p futures you will see a long candle. what that means is, they're going through the market to cover their long positions. these traders are really caught in between how far do they go through to clear out any longs. traditionally what we've seen over the last six months since may is them buying that dip after-hours. right now they're not.
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that means to me i am not going long. liz: e-minis right now, which is the s&p futures. 1869. 1869 which is considerably lower than where the s&p closed. >> correct. and that correlates, you say right there, it is that easy. a lot of futures are indicating that less favorable conditions, the futures lead the equity market. us new york people don't like to know that but a lot of times -- david: you're right. belief me. we appreciate it. that's why we have you guys on. liz: jamie, unless we get too much into trader focus because we're focusing very much on wealth creation and wealth protection here at fox business tell us where you put your clients wealth at the moment. what names do you like? >> first, before we get into the names, liz, want to make sure all individual investors out there don't get caught up in e-mini futures and most things like that. most people with regular portfolios have no business playing in that market. that is not a place where it
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matters for you very much. that is short-term nature. long term investors get cash flow from companies like paychex. they deal well with job creation in the country which we see with continuing claims and jobless claims come out every thursday we are hiring more people. you need to pay them paychex. so paychex makes more during that environment. right now oil prices are dropping. that is a very good thing for consumer stocks generally. targets, walmart, will be benefactor of the spending and available dollar in people's budgets. looking to sign of life in retail, drop in oil and gas prices help along with that effort. so everybody out there, hold on, calm down. don't worry too much about what is going on. david: great advice. >> jamie cox, great to have you. tim, welcome to the program. >> my pleasure. liz: chris gersch, we will see you in just a few minutes. everybody, those s&p futures do close at 4:15 p.m. eastern. just a few minutes away. david: as we've been discussing
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the airlines are seeing a lot of red today as ebola fears continue to come into the country. we'll give them to you as soon as we confirm anything. the cdc is dismissing all calls for travel ban today. what do you think about that? should we shut down flights out of countries affected deeply by ebola? send us a message on facebook or tweet us @fbnatb. there are a lot of complications with this, if you could, should we do that? your answers coming up. liz: speaking of airlines, tougher screening measures at five u.s. airports set to begin. in fact they have already begun at jfk. they will involve temperature checks done with so-called thermometer guns. david: how does that work? liz: next we talk to one of the manufacturers of these highly technical guns. just how accurate are they? how much do they cost? how do they work? david: breaking news of the weekend a nurse in texas treating the ebola patient has been diagnosed with that disease. was it really a breach of
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procedure, or are hospitals perhaps not training employees enough? or is the entire protocol of the cdc at fault? we'll be talking to somebody working for the nurses union. she has very strong opinions. liz: plus a selloff we've seen and pretty significant volatility has many investors seeking safety. coming up, we sell out your defensive portfolio play book. we'll make this easy and crucial for you. ♪ (receptionist) gunderman group.
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david: it wasn't just airline stocks. that were hit hard over ebola fierce. liz: no surprise this sector was hit. nicole petallides on floor of new york stock exchange. >> liz and dave, it has been tough. the transportation index is down 9% this month. airline stocks. look what is going on with hotel stocks. this is the ripple effect, merited or not. i can't delve into that. the obvious is this group has been hit today. what is interesting, there were no ebola worries earlier today, that was the major selloff. these, extended stay, marriott, hit ton worldwide, starwood were in the red after 10:00, 11:00 a.m. anyway. this group while the market was testing unchanged line and moving into the green, this group did not participate at all in giving it a go. marriott recently put out a
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statement saying they are concerned about infectious disease. they're doing the protocol and such. this will be an ongoing story certainly. back to you. david: nicole, thank you very much. >> as we mentioned s&p futures close at 15 minutes past 4:00 p.m. eastern. we're one minute from that. chris gersch, take it to run through with it. >> all right. 1866 on the futures. that is three handles lower than when we talked about it five minutes ago. the vix is up again. almost at the 25 handle. really what that means to us traders, all the momentum is to the downside. do not pick your spot right now. see how tomorrow morning trades. if i were an investor right now i would take a little off the table. look for flight to safety you had mentioned. the dollar, gold and look at that yield. 2.28 in the 10-year, that is huge. i'm sorry if you can't hear me right now. it is so loud right here. david: a lot of action, but again, fasten your seatbelts. will be a busy day tomorrow. thank you, chris gersch.
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david: jfk airport is the first of five major airports to ramp up efforts to detect passengers showing some kind of symptom of ebola in order to stop the spread of the disease. liz: ashley webster live at jfk, with more on the new, intensive passenger screenings. ash? >> liz and dave, these passengers that originate in those west african countries so ravaged by ebola. liberia, guinea and sierra leone. they're being scraped when they leave and screened when they arrive here. the passengers once deplaned are asked questions about physical health. whether they felt sick in the last few days. whether they have been around anyone who has been sick. they are given a no touch thermometer test which will give a reading on the body temperature. if they are then move into quarantine area where observation will be done. 150 people every day, travel from or through these countries
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to the united states. that is 150 every day. most of them come through jfk and the other major airports. those other airports, newark, chicago, washington dulles and atlanta hartsfield-jackson will begin their own screening by end of this week. the question is, is it foolproof? well the cdc will say, absolutely not. but it is another layer of protection, liz and dave. david: nothing is foolproof. ashley webster, thank you very much. >> thank you. liz: they are using infrared thermometers and cameras to screen at risk passengers for ebola symptoms. david: with us, steven san angelo the company that manufactures both types of these devices. steven, thank you so much for joining us. the first question i have, the guy thomas duncan, the first ebola case to die on u.s. soil. let's hope there are not any others. when he was tested in africa, so far as we know he did not show
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signs of a fever. probably when he arrived in the united states he didn't show signs of a fever. you could have he will actually have the ebola device and doesn't matter what your temperature is, correct. >> that's correct. when you have a fever, you have a temperature. when there is no fever there is no temperature obviously. nothing happened, and he was able to enter into the country and that is history. david: that one problem with the disease. liz: your thermal imaging camera and handheld thermometers were used in other situations like the bird flu where the cdc purchased these. you have had inquiries of the government about your devices? are you supplying them just yet? >> we haven't supplied any thermal imaging cameras at this point in time. we were requested a quote from the department of health and human services and some companies in west africa and that is about it at this point.
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>> how much do the handheld thermometers cost? >> they cost $300 for a gun like think, let me tell the producers to show, there we go. steven, hold it up a little bit. show steven so we can see exactly what he has in his hand. go ahead. >> so this is a hand-held infrastructure thermometer that they're using at all the airports and all over the world at this point in time. and the idea is that it measures temperature of the surface of your skin. so, while it is, these products are not designed and built for medical use, they're really a commercial product. so there are errors that can evolve as a result of it. one of the problems you have with this type of device is that it has a spot size. and the father you are away from the target, the, you have a
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chanrature because it is like a digital camera. digital camera you can see your image. as you get further away from the target the image gets larger. this does the same thing. average all the temperature it sees within that spot. and then takes the temperature. so it is important for anyone, any health person that is doing inspections to make sure that they are within the right distance of the target. david: that presents a problem which is, as we know, the nurse from texas got the disease helping mr. duncan. she had full protective gear on. maybe there was small breach of protocol. she had full gear on. does that mean people adminnerring these tests for temperature will have to get so close they too need all this protect tiff clothing? >> it's a problem, it is a potential problem because you have to get close. you can't measure anything accurately as you go further and
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further away. getting close to your target is an issue for, contracting the virus or not. that is a problem, you're right. liz: would you feel comfortable getting on to an airplane with everybody being tested with your device and testing properly, as you say, is pretty questionable? >> i would not feel comfortable with getting on with everybody tested with this device to tell you the truth. because of the variability of this product. not that the product is not a good product. it i was designed for commercial use. it is telling you a temperature, but because of misuse bit operator you can get different temperatures. liz: we're not sure if people at airports are being trained properly. thank you for your honesty. >> training is a very big thing. david: so is honesty.
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being frank cha you can and can not do. we haven't had that frankness from government officials as well. i wish they had your frankness. >> steven san angelo, pauler wahl president. come back and see us. >> i appreciate it. david: we discuss ad texas nurse who wore protective gear tested positive for ebola, are hospitals not educating their employees enough, or is it lack much resources? or is there more to this disease than being told? we'll speak with a woman who represents thousands of nurses, some of whom feel like they were accused of something over the weekend. we'll talk to her about that. liz: after last week's stomach-turning market moves, heck, you got more today. many investtores are saying, how do i get defensive but still stay in stock? guess what? we answer that very question. your defensive portfolio playbook. it does involve still staying invested. that's next.
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david: chrysler is driving into new york, listing on the nyse. we head there live and hear from ceo sergio marchionne. ♪ [ female announcer ] you get sick, you can't breathe through your nose... suddenly you're a mouth breather. a mouth breather! how do you sleep like that? you dry up, your cold feels even worse. well, put on a breathe right strip and shut your mouth. cold medicines open your nose over time, but add a breathe right strip, and pow! it instantly opens your nose up to 38% more so you can breathe and do the one thing you want to do. sleep. add breathe right to your cold medicine. shut your mouth and sleep right. breathe right. add breathe right to your cold medicine. my motheit's delicious. toffee in the world.
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liz: time for a quick speed read of some of the day's other headlines, five stories, one minute. first up discount retailer kmart confirming a data breach on 1200 of its u.s. stores. still unclear how many customers have been affected. initial reports suggest hackers stole credit and debit card numbers. apple will introduce the iphone 6 and iphone 6 plus in 30 new markets by end of the month. by november the products will be available across 69 countries
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and territories. the tech giant calling it the fastest rollout ever. ford will hire 850 workers at the new michigan plants. they will help ford gear up production of its new aluminum f-150 pickup truck. the average cost of gasoline across the u.s. currently $3.26 per gallon. that is lowest price in nearly a year. the price of gasoline has dropped 12 cents the past three weeks. pfizer's experimental drug has been granted priority review by the fda the drug has been shown to stop tumors from growing for 12 to 20 months. [buzzer] david: that is a bit of good news at the end there. chrysler listing on nyse today, marking key step moving the italian company -- first it was u.s. company. then you bailed it out. then it became an italian company. now it will be focused back in the u.s. liz: jeff flock live at the
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new york stock exchange where he spoke with ceo sergio marchionne. jeff, many say sergio breathed new life into the chrysler brand at its lowest moments. it is amazing day. it is columbus day. he didn't come in the nina, point at that and santa maria but in the maserati. that is behind me today. about half hour ago and marchionne and the chairman of fiat chrysler automobiles and heir to the ferrari fortune rang the closing bell. as we said the stock didn't do very much but you're right, i think he does breathe kind of a life into this that will make it a viable competitor to ford and gm, not just in detroit but here in new york where they need to raise capital as well. also a very honest sergio marchionne. we talked to him first on fox today before he went inside. and i asked him a question about whether or not this was a good time to be launching a stock in
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new york? >> actually not. but it has nothing to did with us. i think as you well know over the past couple weeks we've seen some nervousness in the markets. i think on of my colleagues in detroit did not necessarily deliver the best of news. we'll try to do a counter measure and we'll see what we do at the end of this month when we release our earnings. but the house is in good shape. we're working well. we're in the right place. >> he has probably done more bring this back, it has been a wild ride. tell you look at cars behind me. you can't see them because all the people gathered around them. there is ferrari back there, a mass rought at this, alpha. maserati. tell you there are possibilities out there. love being in new york by the way. david: glad to have you here. we should have indidder together. by the way, let us not forget
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the role of the taxpayer, the u.s. taxpayer had to front a lot of money to chrysler. some say fiat got one hell of a deal to take over. good to see you, jeff. >> he should have had a jeep out there. jeep has become an incredible seller. david: great brand. liz: today is the 16th consecutive day that the dow jones industrials have mored more than 100 points high to low, quite a swing. given the volatility how should you the investor play the market? investor place he had jeff reeves says get defensive. he has a playbook how to do that, i love his enthusiasm. a breach of proper is being blamed for a texas nurse catching ebola after treating thomas duncan who of course died earlier last week but are the nurses really at fault? or are hospitals underprepared or is the government promising too much? we'll talk to the president of the copresident of the national nurses united coming up.
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liz: can you guess which stock has 54% of its shares shorted? here's a hint. it is considered the craig's list of china. ♪ synchrony financial partners with over two hundred thousand businesses, from fashion retailers to healthcare providers, from jewelers to sporting good stores, to help their customers get what they want and need. banking. loyalty. analytics. synchrony financial. engage with us. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved
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across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. david: we mentioned this before. shorting a stock is not for everybody but there are 30 stocks with market caps over $2 billion that investors are beth against like crazy these
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days. the fifth most shorted stock is the recent ipo gopro. while the camera maker said the best ipo so far with 175% return. over 41% of its shares are shorted. that may have been some influence in today's downturn by the way of 10% for that stock. number four, insurance company am trust financial systems. investors question whether the growth is sustainable for this company. 43% of the stock is shorted. number three, myriad genetics has short interest over 48%. number two, chinese software company cheetah mobile, revenue rose 139% year-over-year, over 48% of its shares are shorted. number one, another chinese company, the craig's list of china, 58 do it come. second quarter revenue may have -- look at this, short interest of 54%. wow. >> for all stocks at least,
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today, it really felt like there was so much volatility and given that and down movement many questions now surround the markets and investors wonder whether now is the time to get defensive. is it too late? well, if you are wondering it is not too late because we have right here a defensive portfolio playbook things to jeff reeves, investor place editor, joining us now. i'm correct, right? it is not too late to get defensive. >> no. always a good time to take stock of things particularly at end of the year. i've been writing about this a lot for the last week or two. today's move is pretty important move down. i think we broke through the 200-day moving average. a lot of people saying on twitter feed, i looked on way over, it is worst week since 2011 european debt crisis. the writing has been on the wall between fund outflows and defensive sectors. it has been rocky last couple weeks, late september. i don't think it is too late but time to get started being prudent where your portfolio
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will go. liz: getting defensive doesn't mean selling all your stocks. you have a playbook. we'll run through four different things as investors leave equities, pulling 2.1 billion in outflows for the month of october. you say that is not necessarily the way to go. get to the first page of your playbook. don't abandon all exposure, particularly u.s. stocks. >> i don't like gopro either with the lockup in december. smaller time investors you shouldn't try to pick tops and bottommings. in moments like this everybody is expert. rather than try to catch a falling knife, better for the long-term performance, average in. stick with it. don't dump everything. people who sell everything and buy everything because they think know when the bottom is in, typically pretty wrong. typically wall street experts underperform the market. important to be defensive but don't panic.
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liz: futures closed way lower than what they originally looked like they would close at. at the open tomorrow you might see a dip. maybe, don't panic. you say stay in for the long term. that seems obvious part two you say ramp up exposure to a certain region, europe. >> i like europe. we've been talking about oil prices. part of the reason oil prices are so soft. dollar moves higher particularly with the fed tightening. europe has underperformed. might be early to bank on turnaround. talk of a triple dip recession in europe. ecb had a surprise rate decrease in september. fed will theoretically tighten in 2015. tailwind for exporters in. i like vgk, european large cap. liz: vanguard. >> that is real cheap. that is vanguard's schtick. only exposure to largest
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european companies. i wouldn't go all-in to this and move all the money to europe. i think europe will come around in 2015 and 16. back in 2011, we thought the world was ending in eurozone debt crisis, 2011 was a pretty good time to buy. liz: number three. tread lightly, don't get in there with muscle and blocking and tackling. tread lightly in bond? >> i think important to look at, most people buy bonds with bond funds. if you buy long-term bond fund you have a long-term interest rate risk. principle that rises you will take a hit. one i like right now, fidel fund kind of in a sweet spot. it's a short-term fund. it is high yield. so most of the durations isn't more than several months but still gives you a 4% yield. you will not burn down the house here. i don't think the s&p will go to zero. don't move all your money. if you're looking for bonds move to short term fidelity.
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liz: fidelity short term duration. finally get defensive, averaging into certain areas you're starting to warm up to. that would be health care. >> yeah. i mean i really like health care broadly as a recession-proof demographic play. health care sales won't go away, even if europe does double-dip. even if europe runs into trouble. europeans get older and long-term care and need medications. i think health care is good defensive sector. you can find good yield. if you two into the sector, take a broad diversified approach towards etfs for the sector. average in over time. i'm a pretty smart guy. i can't pick a bottom. nobody can pick a bottom. safer for your portfolio long term to buy along the way as not the bottom. liz: xlv. if you missed all of his elections we'll put them on jeff, good to see you. thanks for helping us get defensive in a safe way. >> thank you very much. liz: jeff reeves. david: i wish you tell the new york giants that. a nurse caring for the ebola
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patient in texas tests positive for the disease. how could this happen with all that protective gear she was wearing? did the cdc just blame the nurse for not following protocol. nurses all over the country are furs just at the suggestion. we'll talk to the president of, copresident of national nurses united. fewer people tying the knot these days which marriage rate at the lowest level since the 1920s. why are people running from the all the a? would that affect the economy. we'll break down goldman saks's rules for the market. all that is coming up. ♪
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liz: perfect timing here. goldman sachs has just released the three years for investing successfully in a volatile market. number one, here is what goldman is saying. look for companies with greater domestic sales than foreign sales because u.s. growth will continue. number two, invest in sectors which benefit from lower oil prices. lastly, stick with u.s. large caps. which stocks meet the criteria. here are five names from goldman sachs that qualify. goodyear tire and rubber. david, you profiled them last week. general motors. tyson foods, cvs and pioneer natural resources. for a full list of goldman's recommendations, we put it on our facebook page, very easy for you,
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david: back to ebola. over the weekend we got the awful news after texas nurse who contracted ebola after caring for the only person to die of ebola on u.s. soil, tom duncan. shortly after the news cdc and government officials claimed that a breach of protocol was explained for the transmission of the disease. so far we haven't learned from the cdc what that breach was, if it happened at all. we have debra burger, national nurses united copresident. thank you for coming in. when i heard the cdc head say that, it seemed to me was blaming the nurse for violating protocol and how she contracted the disease but maybe there is a problem with protocol? >> that is what we're concerned about. we feel we should have optimal protection for all health care workers that we are comfortable that the protocols are working.
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obvious the way mr. duncan was handled and the way this nurse contracted ebola that there is a gap in preparedness and even our survey bears the fact that 75% of the nurses still have not had an ebola plan communicated to them by their employer. david: wow. >> an astonishing 85% of the nurses have not had any training or ability to use this equipment to prepare for caring for an ebola patient that. >> is extraordinarily, particularly when we told u.s. hospitals were prepared and but apparently they're not? >> our survey of over 2,000 nurses at 735 hospitals in 48 states clearly indicate that even on a good day, without ebola, 35% of the hospitals do not have enough supplies to take care of the appreciates that they currently have.
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david: particularly, not only the patients, it is the equipment. very often i understand the case of mr. duncan. he had kid any failure. so he was in dialysis. in dialysis, i don't need to tell you, that can be pretty messy. you're dealing with a lot of blood and booed dilly fluids. even without the patient there you still have the bodily fluids can be just as infected outside of the body as inside. >> right, which is why we're saying that the standards for cdc workers in a lab requires a full hazmat suit with a respirator, why shouldn't the nurse or health care worker providing health care to an ebola patient get the same protections? so we're asking for similar standard but right now we're concerned because the cdc is saying there is one standard. if you're a lab worker and another standard if you're providing nursing care for the patient. david: right. specifically, debra, the cdc
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director did say that there, or implied there was a breach of protocol but i never heard him mention what that breach was. if there was one. did you? >> they have not mentioned that yet. they scede that they're reviewing all of the protocals. they're reviewing the care to see if -- david: forgive me for interrupting, debra, sound like he was just speaking off-the-cuff, like he didn't really know that for a fact but his default was immediately to blame the nurse for having broken protocol even though they didn't know if that was true. >> what they have to do is actually send in their research teams to investigate. so it would have been more helpful had he just said we're investigating to see what went wrong. david: well, not only more helpful, some people have gone even further that than in in blaming him for having done that. our own dr. manny alvarez who works here at fox, suggested
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that he needs to resign. because the fact that we are as ill-prepared and ill equipped to ebola as you suggested we are and he said we are prepared for it, dr. alvarez says he should resign. do you go that far. >> no, i don't because what he is putting up with right now is privatized health care system in the united states where each hospital actually decides what guidelines they're going to be using. so we can't just mandate that every single hospital use them. david: i understand. >> that is the problem with the health care system here. david: yeah, but you can't overpromise but it sounds like he was overpromising in the beginning. deborah burger, thank you very much. thanks for all you and nurses across the country. you gals and men are very heroic for what you do. thank you for your service. >> thank you very much. david: liz? liz: here's a question, why get married? that is exactly what more and more people apparently are asking themselves these days. coming up we'll tell you about a
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new trend and what kind of financial impact it could have. we'll tell you why people are returning highly coveted hermes bags. they run $20,000 a piece. the answer may surprise. >> you i'm gerri willis. coming up on my show at the top hour, cdc says it will rethink how it does business with a new case in dallas. those are one of the big stories coming up on "the willis report" in just a few minutes. reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates.
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and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. david: the nation's maker rate has been the lowest since 1920. economy and government tax and welfare policies may be to blame. liz: fox news correspondent shannon bream live in d.c. with the store. shannon. >> hello. according to the latest available census data, the percentage of u.s. adults never been married is new all-time high. in 19 off, get this, one in 10 adults over the age of 25 fell into that category. by 2012, the number jumped to one in five. there is no formal consensus what is driving the numbers. data shows that young adults want to get married, the economy is top issue.
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they cite financial insecurity as the number one obstacle to tying the knot. they say the government policies citing tax penalties for married couples and assistance to single parents dropthey get married and increase the household income there. is ongoing debate, whether or not the same-sex marriage issue had any impact? >> anyone whoever talked about says there is no head row section wahl couple will decide to get divorced or not to get married or not to raise children just because another couple next to them is treated equally and with respect to decency under our constitution. >> stanley kurtz writes about this in the scandinavian countries where they have been undergoing this process for nearly two decades and the redefinition of marriage has accelerated the decline in marriage. i think we're foolish to think we would escape the same consequences here in america. >> last speaker was tony perkins
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from the family research council, a conservative advocacy group, when i asked him about the tax and welfare issues, he went so far to get what you pay for. our federal government in his opinion is paying for the demise of traditional marriage through its fiscal policy. back to you. david: shannon, good to see you. liz: one british airline is revolutionizing holiday travel with seating for families and couples. i want to hear about this one. that is next. david: what do marijuana and luxury handbags have in common. i could not guess until i read the story. we'll tell what you that story is later.
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liz: let's go off the deck. high-end designer hermes has a pungent problem. they are returning the bag some cost up to $20,000 with complaints they smell by
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marijuana. they are told that the stench is due to badly tanned batches of level from an hermes supplier. david: wow. also off the desk, one british airline announced plans to change flying but installing family and couple seating in their new planes. thompson airlines will add what they call, seating innovations allow families and couples to enjoy each other's company, while they fly the airline. not yet announced pricing for the seating options. good idea. >> we're asking you whether you think u.s. should shut down flights of ebola stricken companies. i think it would be a small price to pay against further ebola spreading. david: jean says, yes. why are borders are only ones that can't be closed? liz: glen on facebook said yes, anyone on the passport showing travel to the affected areas should be denied entrance into the usa. david: earnings from big banks, citigroup, jpmorgan, wells fargo set to report before the bell.
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concerns remain how low fixed income trading volumes might impact the banks. could move the markets. probably will. liz: you have to be back here tomorrow. meantime "the willis report" is next. gerri: hello, everybody, i'm gerri willis. here is the latest on our top story, ebola. the head of the c-dc is saying it is possible more health care workers may become infected with ebola. >> we have to rethink the way we address ebola infection control. even a single infection is unacceptable. >> also new questions about how that texas nurse in full protective gear was able to contract the deadly virus. since airport screenings began in ernest this weekend, nearly 100 travelers have been flagged for closer inspection. airports on alert. emergency officials racing to the scene in boston after fve


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